Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
PRPFX is one of my oldest holdings. About 15 years. Does tend to track gold a little, so having an off year along with gold. I’m encouraged by today’s market downdraft. The NASDAQ is now almost 33% off YTD. A rough guess is we’ve now reached the …
Thanks guys. That remark was directed towards another board member as I recall. But not nice.
Markets run in cycles and usually overshoot on both the up and down sides. There are many funds / ETFs that short the overall market or parts of it and i…
Hi @Sven - Wasn’t intended to be a personal gripe. You are right that I hold a big slug of alternative-type funds which has helped reduce losses. I play “around the edges” buying & selling a bit, but no longer post any buys or sells after one re…
Not something I pay much attention to. Thought it interesting that DODIX “made the cut” (ranked high) in their top income funds category. Down -13.25% YTD and -13.62% over 1 year. Makes you wonder what kind of returns its competition is posting.
Thanks for commenting OJ. No intent here to chastise you or anyone else on this issue. From “Problem Solving 101” most of us learned the 4 or 5 basic steps of problem solving . #1 is to identify / define the problem. So while there is no magic sol…
+1
What is perplexing to me, and more than a bit troublesome, is that few today take the threat of a territorial conflict escalating into all out nuclear conflagration among the superpowers seriously. I remember the 60s vividly. Folks had seen i…
Some incredible destruction of wealth taking place. TROW @$106 is off over 45% YTD as well as for 1 year. ISTM not long ago that one was thought a “safe” long term hold suitable for Grandma. (Grandma may need to get a job.)
Fed’s plan appears to…
Interesting WSJ article from a couple days ago (October 5): “Markets Are Stuck in Overreaction Mode” by James Mackintosh. I won’t attempt to quote any of it. But maybe some have access to the WSJ or might find another accessible source.
I think M…
Nice @Crash. For those not “in-the-know” that’s (the top one) the very talented Yves Montand who co-stared with Streisand in the same film. Just recently discovered and watched this gem. Those who were around in the 70s, I think, would really enjoy…
Interesting responses. Thanks. With millions of ordinary folks daily pulling up their portfolios on every conceivable device, gardening wouldn’t be the first thing I’d think of. Appears to me more like a tortuous high speed race track with some cars…
I feel it’s educational to follow a portfolio. By so doing one comes to understand and appreciate the interplay among many different types of investments. However, to a degree, it’s also counterproductive. Suspect a lot of us could post better retu…
Timing of distributions is an interesting question. I’ve doggedly taken them from the Traditional IRA and allowed, for the most part, the larger Roth to grow. Generally, my needs require a somewhat higher amount than the RMD would require. This of c…
And the actual reason for this reversal is... "just because" ??? (Not that I'm complaining, mind you.)
Somebody in a big hedge fund somewhere plugged their algorithm-laden computer in backwards yesterday morning. Just haven’t noticed yet that it’s …
If you're going in, probably smartest to keep a close eye on the exits. Probably a trade only.
If you’re going in …
Same precautions as wading into shark infested waters. :)
The only thing I track that’s down right now is Cathy Wood’s new fund XARKX - off slightly. Her ARKK, however has been running about +7% today. Go figure.
“Is this a selling or buying day for you ? I'll be watching as for myself.”
It’s a “nothing …
Lately, it does seem that God tells people to go out and become billionaires more often during their epiphanies than He tells them to give up all their material wealth and preach the gospel in the streets to the poor. It’s all part of His divine reb…
“At some point there’s going to have to be recognition of that. At some point there’s going to have to be some kind of beginning of negotiations, as [Ukrainian] President [Volodymyr] Zelenskiy has said, will be the ultimate end.”
Thanks @Old_Joe.…
@Baseball_Fan -
What is your advice for a 25 year old working individual who has a 401-K tax deferred option available at work and who does not expect to need to withdraw any funds for at least 40 years and who likely will not need all the funds fo…
From JohnN’s above post:
“ … long term investors absolutely need dca /buy now.”
I suppose it depends on your definition of “long term investors” - among other things.
- If 25 years or more from retirement / needing the money one might ask why t…
I’ll concede that HSGFX is not a bear fund. But if one examines the record they’ll see it hasn’t done well in strong equity markets since inception. It started with a “bang” its first year and money flowed in. That was followed by about a decade of …
“Anyone care to comment that Hussy, HSGFX is in fact AHEAD of PRWCX for the past 3 years now? What's that, oh go back more years, ok I get it, I hear you, fair point, but let's see what happens going forward when the CBs globally are not pumping in …
PRSIX (“T. Rowe Price Conservative Allocation Fund”) is down 17.14% YTD after today. A good bell-weather to watch. I’ve followed it for years and have always admired the firm’s demonstrated management prowess. It’s highly unlikely the folks at T…
Excellent article linked by @LewisBraham Thanks. The question as to why Russia would want to contaminate an area they claim as their own has occurred to me as well. OTOH - watching Putin leading a pro-Russia rally on the evening news tonight mig…
Agree. That would be an extremely black swan. I perceive some of the war related risks are priced into equities now - but not all. One can run the N scenario to whatever extreme one wants. Should the worse occur (total destruction of the human…
If there were anything to it, Bloomberg would have been all over it. (They weren’t).
Than again, things are unraveling quickly. Should some ancillary damage along the lines of what the UK experienced show itself - who knows? DJI was positive tod…
My jesting a few days ago (in response to @Derf’s question) about heaving the ship’s deck furniture and than lifeboats into the boiler to keep the ship sailing had a practical intent - possibly overlooked. The point was - as an investor’s ready ca…
As I recall, that was done in 2008. Suspect the measure will pass if the market slaughter continues. Politicians might find it hard to oppose such a seemingly egalitarian measure. Most of my $$ is either in Roths or outside the tax deferred umbr…
Fido’s website was a bit messed up this morning. I had trouble directly accessing my “transaction history” to see what price I’d sold a fund at few months back. Found a work around. There was a message displayed to the effect that volume was “very …
The news broke around 5-6 AM this morning. U.S. markets were down slightly, but quickly turned around. I nearly added to a pm miner in pre-market when it was depressed. But before I could, it began rising. :)
GDX Mining index has been running +5-6%…
Bloomberg is reporting that England’s central bank has been under pressure in recent days from several defined benefit pension funds that rely heavily on longer dated bonds. Some were becoming insolvent and in danger of collapsing. Points to the k…
@hank : to go along with my above comment, checkout Salt & Pepper or vice a verse a @ WSJ 9/27
@Derf, You might be interested in this one from the WSJ 9/26:
“Buying the Stock-Market Dip Is Backfiring. Investors Keep Piling In Anyway.”
- By Gu…
